Fubon NASDAQ (Taiwan) Performance
| 00670L Etf | TWD 132.75 0.85 0.64% |
The etf shows a Beta (market volatility) of 0.54, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fubon NASDAQ's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fubon NASDAQ is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Fubon NASDAQ 100 2X are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Fubon NASDAQ sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 60.60 | |
| Fifty Two Week High | 117.85 |
Fubon |
Fubon NASDAQ Relative Risk vs. Return Landscape
If you would invest 11,160 in Fubon NASDAQ 100 2X on September 4, 2024 and sell it today you would earn a total of 2,115 from holding Fubon NASDAQ 100 2X or generate 18.95% return on investment over 90 days. Fubon NASDAQ 100 2X is generating 0.298% of daily returns and assumes 1.9009% volatility on return distribution over the 90 days horizon. Simply put, 16% of etfs are less volatile than Fubon, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fubon NASDAQ Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fubon NASDAQ's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fubon NASDAQ 100 2X, and traders can use it to determine the average amount a Fubon NASDAQ's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1568
| Best Portfolio | Best Equity | |||
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| Small Returns | 00670L | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Fubon NASDAQ is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fubon NASDAQ by adding it to a well-diversified portfolio.
Fubon NASDAQ Fundamentals Growth
Fubon Etf prices reflect investors' perceptions of the future prospects and financial health of Fubon NASDAQ, and Fubon NASDAQ fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fubon Etf performance.
| Total Asset | 1.72 B | |||
About Fubon NASDAQ Performance
By analyzing Fubon NASDAQ's fundamental ratios, stakeholders can gain valuable insights into Fubon NASDAQ's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Fubon NASDAQ has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Fubon NASDAQ has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
FUBON ASSET is traded on Taiwan Stock Exchange in Taiwan.| The fund holds 82.78% of its total net assets in equities |
Other Information on Investing in Fubon Etf
Fubon NASDAQ financial ratios help investors to determine whether Fubon Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fubon with respect to the benefits of owning Fubon NASDAQ security.